Page 35 - Sameer Hashmi News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Continue spending big to sign more international players. we have commitment to support this for however long it takes. however, the responsibility that we have against that commitment is to also take that commercialisation element of the strategy and start increasing that so that we can be responsible for our own financial growth in the future and not to be wholly dependent on the government. saudi arabia's target is to elevate spl in the world stopped in in terms of revenues by 2030. it's still early to judge whether these bold investments would pay off in the long run. but the strategy has ...

Simultaneouslyjuggling some very complex disputes with authorities around the world right now. authorities around the world right nova— let's talk about football. over the last few months, the saudi pro league also known as the spl has shaken the global football industry by signing a host of high profile football players from european leagues for record salaries. last week, brazilian star player neymar became the latest prominent name tojoin the saudi league. neymar left psg to join riyadh based al hilal in a deal worth almost $100 million. 0n the weekend, he was unveiled in front of the hom...

We have commitment to support this for however long it takes. however, the responsibility that we have against that commitment is to also take that commercialisation element of the strategy and start increasing that so that we can be responsible for our own financial growth in the future and not to be wholly dependent on the government. saudi arabia's target is to elevate spill is to elevate spl in the world stopped in in terms of revenues by 2030. it's still early to judge whether these bold investments would pay off in the long run. but the strategy has demonstrated the gulf nations ambition...

Business correspondent sameer hashmi that even with falling profits, the biggest winner is the saudi government, which is aramco's biggest shareholder. the saudi government owns around 90% of the company and the dividend payout, the bulk of it will go to the saudi government. and it's not a surprise because if you look at aramco every quarter, they've been paying about $19.8 billion as dividend. what they've done is this time that they have added another 50% to that amount in the form of this performance linked dividend, which they say is because the cash flows were quite healthy. and that's t...

A major role in delivering parcels for retailers such as walmart and home depot. let's speak to our north america business correspondent michelle fleury in new york. michelle — what happened? what has gone wrong for yellow? it's a what has gone wrong for yellow? it�*s a company that has been around for a long time. yet what we have here essentially is a company that took on too much debt including a $700 million covert loan and it has struggled to repay some of that. it had made various acquisitions, it was too slow to incorporate those into its business and so that meant that the gains it...